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're at the president obama white house almost every week meeting with president obama. and i understand that he wants them to help him get his general accomplished. i understand that. what about the other direction? the fact that they're getting all this face time with the president. does that mean they're getting their agenda, too? well, you can judge for yourself in small ways. especially not when the horse you bet on so boldly lost so badly. it also means that working goat some things doesn't mean you have to work together on everything. and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're n
of the couple's 3-month--ld daughter. 3 president obama hosted a roundtable with business leaders today..... pitchingghis plan to avoid the fiscal cliff ttrough higher ta. taxes. negotiations between the white stalled. president obama says he will not sign a bill "without" a taxxincrease on incomes over two hundred fifty thousand dollars or more. offer by republican john boehner has not only been rejected by theeadministration party. if a deal sn't made by december thirty-first, automatic tax increases and budget cuts will kiik in by the new year. sooe maryland leaders are speaking out against the fedd' decision to deny aid to hurriiane sandy victims in ur hundreds of residents along the eastern shore were devvstated whennsuperstorm sandy unleashed her fury in pctober. bbt according to the federal emergeecy management agency... tte damage wasn't enough tt warrrnt áindividualá aid. at a senatt aappopriations hearing today... senators barbara challenged fema leaders to re-think their decisson. 1:24 we in maryland have sooe of the most prosperous counttes in america but we a
by seven. obama here. dauphin county, pennsylvania. juneau county, wisconsin. another very white area obama flips it by seven points. so why did we see this shift in the political middle and should this be the real source of concern for republicans going forward? right now let's bring in the bhaen hind patchwork nation. he is at the desk. it was about the middle. there was this mythology that somehow mitt romney won the middle because he won independents. >> right. >> it is completely clear it goes not the case. >> i think that is why it is important to go into these communities we used because of the way i like to think of the middle is not just independents because it is self-described. i like talking about places because places are what they are. they can't describe themselves. the numbers describe them to you. these places are moderate places. >> one thing and you want to look at this more and you'd like to lay over some census data when you get into this. i want to go to the boom towns. the boom towns were another name for the excerpts. is that the fairest way to describe it? >> i thin
at the pentagon is former republican senator chuck hagel who met with president obama at the white house this week. as for hillary clinton's position at the state department, the national journal reports that president obama is, quote, genuinely conflicted over whether to pick kerry or united nations ambassador susan rice. president obama said yesterday that republican attacks against susan rice will not influence his decision. jo ari, what do you make of the chuck hagel situation with his name floating into the mix now? >> i thinkç it's a good faith efforts to take in a wide range of views. we know that president obama in his first term, obviously, went with secretary gates despite his ties to republican foreign policy. hagel is more of a progressive voice, but i'm not sure that a second-term obama presidency reaches back to another republican defense figure. >> and as to the john kerry/susan rice dilemma that the president faces, he says that the attacks on susan rice won't affect his decision one way or another. it won't force his hand to nominate her, and it won't affect his decision to go w
to the house, the democrats to the senate, and president obama to the white house. they want them to start solving problems. they are absolutely disgusted with this and if they go over this cliff, believe me, there's going to be a price to be paid and nobody's going to be a winner on it. >> yeah, but i do want to add, john, i do believe the president did get a partial mandate, at least the voters said the wealthy in this country ought to pay higher taxes. now, how you get to the higher tax, whether you raise rates, whether you reduce deductions, there are a lot of different ways to get there. the point is, i think everybody now agrees that -- not everybody agrees, but that we need more revenue and that the wealthy ought to be the first ones in line. and that seems to be reasonable, but i think the white house can get too stuck on this whole question of rates as opposed to finding a creative solution that brings in more money. >> david, i agree with you, but you do that through effective tax rates, not through marginal tax rates. that's how you bridge it. >> i agree with that. >> two very s
revenge would be? if obama could in the white house receive the petition and say, okay, go ahead. you're on your own. because the states, the various that have filed for these petitions, red states, tend to take in a lot more in government benefits than they pay in taxes. it would be very good -- >> you didn't name names in your one-eighth theory. but here are some names. ron paul, very recent congressman, national candidate for the presidency many times. he said secession is a deeply american, a deeply american principle. meanwhile, alan keyes, he wrote that while he doesn't think we've reached the point where secession is necessary necessarily, it remains a, quote, god endowed inalienable right. there you have people with educations, people with brains and a knowledge of american history, who come out and argue that this is something that should be put on the table. >> yeah. i guess brains and an education but still somehow profoundly ignorant, and they're emblematic of if not the ignorant people in the republican people, at least people who will pander to that ignorance. it's apiec
think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on their income officials $250,000. the same rate we had when bill clinton was president and our economy kree aed nearly 23 million new jobs. >> and there are reports that republicans are considering a doomsday plan should talks break down. according to senior republican sources the gop would allow a vote on extending bush tax cuts for the middle class and nothing more. under one variation of this plan, house republicans would vote present on the bill to voice their disapproval but still allowing it to pass entirely on
done in 2011. if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smert conservatives. byron york in "the weekly standard," and john padora, bill kristol are all saying the republicans have to do something. they're playing a losing hand. fedoris writes, every way you look at it, the gop is trapped. republican politicians will cave and give the president most of what he wants. the only real question is, when? the answer is,ç probably at th worst possible time when they've done even more damage to the party's brand. governor, if you were a republican today, would you sitting down say, you know we have to eat this, deal with this top 2%, we can't be seen as
of president obama's playbook. most recently the white house urged people to take to twitter and use the #my2k. in case you forgot the former senator is one half of the simpson bowles duo appointed by president obama who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're about a year away from it being makarena. >> trying to get two sides come together to come to a deal on the fiscal cliff. >> i don't know about young people's abilities to force cats and dogs and democrats and republicans to come together to find a deal. he had a much more profound message than just simply dancing in that clip, in that psa essentially. he was trying to alert young people to the fact that old people, blun
to call police. >>> president obama takes a short time from the white house to go to virginia today, to meet with the middle class family that will feel the impact of the fiscal cliff. as danielle nottingham reports for wjz from washington, outside, groups are turning up the pressure for congress and the president to reach a deal. >> representative maloney. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in ver
and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathyize with john boehner. the key party has a firm grip on the republican party, and that's obvious, what's happened this morning here in washington. >> reporter: that disconnect in the gop was in the spotlight today. jim demint spoke out against boehner's proposal to the president. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. $800 billion tax hike will destroy jobs, allo
. [ applause ] >> eric: well, that was president obama and first family moments ago lighting the white house christmas tree. beautiful sight. one more thing up now. a lot of people ask you why are you in studio. we tell you every day but i'll make it clear for you. go. ♪ >> all right, we're in studio d. a lot of our audience, "the five" audience want to know why we were displaced. there is a good reason. what are you doing with the studio? >> we turned in a winter wonderland. ♪ >> this is our christmas set for the fox and friends special christmas. if you notice we have taken the television -- logo is wrong. >> that is actual fire and i need to feed it. ♪ ♪ >> eric: when you are getting out of here to get back in the studio? >> as soon as we do the program. we have an elf. gutfeld will be the elf. but we have nativity scene. >> eric: beckel claims he would be the best baby jesus. >> he is certainly not one of the wise men. >> eric: thank you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with th
is covering it all from the white house. and it's clear that president obama believes he has the upper hand here. >> reporter: he sure does, george. and later today, president obama will speak to corporate executives at the business roundtable. and he'll try to enlist their help in his negotiations with congressional republicans. and his latest demand, that congress remove its own power as it stands right now, to raise the debt ceiling. it is a bold gambit that congressional republicans are already calling a non-starter. paul ryan stepped back into the spotlight late tuesday, with a feisty shot at the president. >> i congratulate him on his victory. but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we
, that one day that you actually have president obama and boehner come out on the white house lawn saying they're announcing some kind of a deal, you're probably going to see a sharp rebound on the back end of it. you certainly don't want to miss out. >> jeff, what's the third thing you do? buy cans of tuna fish? >> no, i think you have to watch it. the one thing i would disagree with is i don't like dividend payers right now. i think this idea of rushing to these special dividends could come back to actually backfire on some of these companies if they're not putting their cash to good use. it's almost like they're trying to bar the door to keep investors from going out. i'm a little afraid there. i'm also afraid of munis here. on the back end of this, there's a good chance munis could lose their tax-exempt status. that could cause some problems. they've had great run here. i think they're very susceptible to talks coming from the fiscal cliff. >> i think if they took the tax-exempt status away, we'd all be in trouble. >> then what do you do? >> it's a horrible thing as far as local gover
with president obama is he is a small minded president. >> steve: the white house immediately rejected the republicans' man ask said it wasn't balanced, even though it is balanced. it does actually raise revenue. democrats want the tax rates to go up. >> brian: they had a christmas party last night, the speaker and president were there. the word is they were going to talk. maybe they did. five minutes after the hour. let's change gears. prince william arriving at the hospital where kate middleton is waking up after suffering severe morning circumstanceness. what's that? >> gretchen: the condition -- is hard to pronounce. it strikes 2% of expecting moms. it can be an indicator of something else, which is twins. joining us to weigh in, dr. mark siegle. it's hyper something or another. >> vomiting, pregnant. go back to the latin. >> steve: thank you very much. >> 1 to 2% of all pregnancies have this. actually it's the number two cause of hospitalization after preterm labor. it's a big problem. morning sickness, 80% of women, everyone knows about that. severe morning sickness, when you con
? the white house, the cia? rice herself. today in a tv interview president obama pointed fingers at us. >> republicans attacks against un ambassador susan rice boxed you in a corner, would it look like a sign of weakness if you didn't appoint her to secretary of state? >> i don't really spend a lot of time on, you know, what folks say on cable news programs attacking highly qualified personnel like susan rice. i'm going to make a decision about who is going to be the best secretary of state. > >> greta: you heard right. president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. we're back in ninety seconds. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and conside
that president obama doesn't do regularly. and that is take a lot of questions from the white house press corp. that is where you get stronger and better answers, sometimes deeper answers to questions that america deserves to know. not -- the problem for president obama is that who he talked to yesterday is a narrow slice of the audience. more people know about that now than would have ever seen it on that other network. he needs broaden out and talk to and try to persuade people that are not just on the left. >> brian: you remember you invited charles charles and other conservatives before he actually took office? >> remember, they were charmed and they said, huh, maybe this is going to go better than we thought. and then they were bitterly disappointed. >> steve: let's talk a little bit about this. the congressman from in texas, steve forbes out yesterday talking about look, we've got to do something about taxes. the president is even talking a little bit about it. we need a flat tax rather than raising taxes. here is a little snippet of congressman gilbert. listen. >> when you hear fair sha
partisan and paralyzed washington is these days. it was big news this afternoon when the white house let it be known that the president and speaker john boehner had talked on the phone. but at the same time treasury secretary tim geithner told cnbc that president obama is prepared to take a dive off the so-called fiscal cliff if republicans don't agree to take hikes on the richest americans. and so we welcome peter alexander, at the ranks of the white house correspondents, with a look at all of it. >> reporter: brian, good evening, on the north lawn, the phone call marks the first time speaker john boehner and the president spoke in a week, that is hardly something to celebrate, but they wouldn't characterize what they caused in the phone call as the country barrels towards the fiscal cliff. with no talks and no progress to avert the looming fiscal cliff, you could say the house has left the building, streaming out of the capitol. tomorrow's session cancelled. with only three work days left this year, they are often criticized. just 16 votes. across the country, rising frustration, ameri
through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out
is retiring as secretary of state. that's your 5@5:00. >>> the ball is back in president obama keerts. house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the america
. time is quickly winding down. just 29 days to go when the white house and congressional republicans are nowhere close to a deal to avert that fiscal cliff. the obama administration has laid out its plan calling for $1.6 trillion in new taxes. that includes letting the bush era tax cuts expire for those earning more than $250,000 a year. it's also pushing for a new $50 billion stimulus package and offering $400 billion in new cuts to medicare and other entitlement programs. but republican house speaker john boehner flatly rejected the plan on the table and what he calls the white house's unwillingness to compromise. >> i was just flabbergasted. i looked at him, i said, you can't be serious. i've never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. >> you know, i think right now the best thing to do is for them to come to us and say, look, here's what we think makes sense. we've told them what we think makes sense. what we can't do is try to figure out what's going to be
you fifteen percent or more. >>> new video from the white house. you'll see president obama meeting with the prime minister of bulgaria. take a look the. >> obviously there are very strong bonds between our two countries including many bulgarian americans in my hometown of chicago that reminds us of the strong people to people relationship between the united states and bulgaria. >> and just quickly, a couple of reporters shouted some questions out after the president finished speaking on fiscal cliff. the president did not answer. >>> an nfl player murders his girlfriend, kills himself, and leaves their infant daughter without a mom or a dad. as investigators are searching for the -- to answer the question why, could the chiefs, the football team he played for, be played for, be held accountable for jovan belcher's actions? we're on the case with joey jackson next. ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. i've got a nice long life ahead. big
imagine. michelle obama and bill clinton have been nominated for grammy awards. the first lady was nominated in the best spoken word category for the audio version of "american grown," the book that tells the story of the white house garden and encourages healthy eating. and the former president was nominated in the same category for "back to work, why we need smart government for a strong economy." the returns for this race will be on february 10th when we'll find out who won. we'll be right back. ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. >>> welcome back to "hardball." did republican efforts to suppress the vote backfire this time? in dozens of states they made efforts to keep people, especially minorities and poor people, from getting to the ballot box. they shortened early
think absolutely has to be part of the deal from the white house perspective aside from it fitting the democrat ex-ideology, it's also what president obama believes is a stimulus to the economy. >> yeah. >> that helps people have disposable income to go to restaurants, buy gas, buy food, to pay things for their children. and i would be very surprised if it ended up as part of the larger deal because it's not going to come in early spring. >> one of the things that's disappointing about this the food stamp issue which i agree with you on is being thrown into the basket in terms of talking about the agricultural reform. we do need ag reform in the country. the industry's changed quite a lot. there are a lot of commodities prices are up, a lot of wealthy farmers out there right now but only in certain areas. in some cases those are not the areas that are getting the subsidies that they need. it needs to be rethought from the ground up. food stamps are a separate issue. >> the farm law reverts back to 1949 law. >> anti-quoted. >> that's a long time ago, jay. >> and the rest of the coun
, congressional aides say that is simply not happening. in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently, and i think the issue right now -- >> when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> as i mentioned, the american people want the people they elected to sit down together, work it out. a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans a
are pressed they say, we can increase the medicare eligibility age which the white house has backed from 65 to 67. perhaps means testing in some of those mandatory cuts. maybe form subsidies, but this is where the give and take will occur. boehner and obama have met before. the summer of 2011. they put a lot of specifics on paper. when boehner coudn g backing from his conference. >> how close is this toth i didn't see this in advance. this was reallyop b. th tn goatn.3 > dl nde. s >> there has been progress. >> right now i would say we're nowhere.3 irey ssisc. paul begala, david frum, former adviser to president george w. bush. gentlemen, nice to have you both. david, let's start with you. depending on who you listen to, it's either going great or not going well at all. they're either optimistic or completely pessimistic. which is it? >> i feel about this whole process as a basketball nonfan, i feel about basketball, which is start it 100-100 and play for five minutes to get it over with. but i think we also need to take a step back and realize just how lunatic this whole process is. what
and went with obama early on, who have yet to get a phone call from the white house in four years. they have not -- these people feel that they just want a little love. and it doesn't cost much. >> andrea, when you say that, people think that i'm just saying that as a republican. i always discount republican criticisms of the president. i always have. i'm talking about the same people you're talking about. >> i know. >> i'm talking about the top democrats in the united states senate that say -- >> he just doesn't like it. >> he doesn't want to talk to us. he doesn't like us. he doesn't want to deal with us. >> when you're in politics and you run for president, that's the problem. and there are some things you've got to do. i'm sure they don't want to stand in receiving lines and greet thousands of people this christmas season, but they do that. >> they do it, yeah. steve, we're not piling this all on the president. you have republicans that haven't wanted to make a deal for a very long time. and i guess the question is, how do you make the deal? do you start by getting -- because
he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but on january 20th, he'll face a stagnant economy and a fiscal mess. >> our people in an overwhelming way supported the reelection of this president, and there ought to be a quid pro quo and you ought to exercise leadership on that. >> you want the answer to solving the fiscal cliff? we put an offer on the table. the president now has to engage. >> you might even say he'll inherit these problems. >> the president is going away for christmas. he's going to hawaii for 20 something days. where am i going to be? where are my neighbors going to be? we're not going to have a place called home. where is the help? >> what's holding us back right now is a lot of stuff that's going on in this town. >> after the election of jimmy carter, he went to washington, d.c. and came back home with some bacon. >> that's right. >> that's what you d
days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly, for the deal, the two key players yesterday picked up the phone. the phone call relatively brief and substantive, though details remain illusive. shorter, sources say. the last week 28-minute conversation described then as curt direct and frank. no one with this call used such barbed words and occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> if the administration, are they prepared
. ♪ snot with all of its class ♪ i like a martini ♪ . >> brian: part of president obama's plan to win back support from big business inviting them to the white house for an oval office chat. >> steve: the ceo of ford motor company was one of the guys who got that extra special inveigh taking and he accepted our extra special invitation to join us today. >> glad to be here. >> steve: that car, by the way, is really cool. >> we were just outside and just to see the look on your face at that new lincoln was worth the trip. >> gretchen: i hope to see it. i'm going to go out there after the next commercial break. >> brian: in the rundown, it says steve gets the keys. >> gretchen: what? alan, how day you? let's talk about this important meeting that you had with the president. you were one of a group of ceo's, men and women, who went behind closed doors. tell us the secrets. what happened? >> well, i thought it was a really, really good conversation because it was very comprehensive and also dealt with where we are as a country on the economic development, but also what we need to do do on the r
it off the table. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative impact on the overall economy and he will push these business leaders to support his approach. soledad? >> dan lothian, in washington, d.c., for us, thank you. >>> just a few minutes we'll be chatting with stephanie cutter, the woman who helped manage president obama's re-election campaign. we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippine
eligibility age, which the white house has backed from 65 to 67. perhaps means testing in some of those mandatory cuts. maybe form sub sidies, but this is where the give and take will occur. boehner and obama have met before. the summer of 2011. they put a lot of specifics on paper. when boehner couldn't get backing. >> how close is this to that is this. >> it is a broad outline, but there is a lot of negotiation. even members of the congress didn't see this in advance. this was really an opening bid. it is best seen as really a response to pressure. but people saying where's our plan. you've got to put a plan out there to begin the negotiation. >> thank you. >>> deal or no deal. we're on the edge of our seats. 29 days in counting until our taxes go up and across the board spending cuts. we're getting lots of mixed messages as to what's going to happen and where things stand. >> i'm increasingly pessimistic. >> so tonight, two men who have lots of experience dealing with lawmakers. paul begala, david frum, former adviser to president george w. bush. david, let's start with you. >> i fee
you. >> sticking with the cliff, governors are set to meet with president obama and congressional leaders. the meeting coming one day after the white house rejected a republican plan for averting the cliff. chi chief washington correspondent john harwood is outside of the white house this morning. how do business leaders change the equation? >> reporter: the president is trying to orchestrate a consensus behind his approach to deficit reduction. this is a group part of the national governors association executive committee. a diverse group. he carried three states he represents and governors include scott walker, leader of conservative government reform movement going after public employee pensions and shrink government obligations that way. governors are pragmatic. the president is trying to make the case if you look at polls and revenue needs of the government and ageing of our population, the pragmatic thing to do is trim entitlements. the significance of speaker boehner's offer yesterday he put specifics on entitlements on the table. they are significant raising the medicare e
's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house speaker john boehner talked on the phone yesterday, but they agreed not to characterize their conversation. so it's unclear how much progress they made. from the outside, it does seem they've moved a bit closer with boehner now agreeing to raise tax collection from the wealthy, though not by raising tax rates. >> we've got to cut spending and i believe to put revenues on the table. the revenues we're putting on the table will come from, guess who, the rich! there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >> the president lobbied big business leaders yesterday with an appearance at the business round table. his aide
to be something to do with 10:00 a.m., right? >> for sure. for sure. in addition to that, the white house team is reporting that it is apparent the gop may not dig in over the fiscal cliff and we may delay the fight. president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been
to leave it there, katy stockton and brian white, thank you. tim cook being interviewed by brian williams, that is tonight on nbc's rock center. 10:00 p.m. on your local nbc station. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with some specific revenue. they have refused to do that. >> we need that consensual break through. >> although the president seems obsessed on raising taxes for you. >> that is a bad strategy for america, it's a bad strategy for your businesses and it is not a game that i will play. >> is the administration prepared too go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the wealthiest 2%. remember it's only 2%. >> with just 25 days to go, the political satandoff could cost the u.s. millions of jobs. professor, good to have you back, good morning. >> good to be here, thanks. >> g
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